Aqua Power Systems Inc (APSI)

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They haven’t actually priced it. The warrants can be converted for .25, but each unit is 3 shares of stock, plus 2 warrants:
“this Offering Circular, Aqua Power Systems Inc., a Nevada corporation, is offering for sale a maximum of 16,000,000 units of its securities (the “Units”) at a fixed price of $___[0.45-0.75] per Unit (the price to be fixed by a post-qualification supplement), with each Unit consisting of 3 shares of common stock (the “Common Stock”) and 2 warrants (each, a “Warrant”) to purchase one share each of Common Stock (each, a “Warrant Share”) exercisable at $0.25 per Warrant, pursuant to Tier 1 of Regulation A of the United States Securities and Exchange Commission(the “SEC”).”